Dostofarm, a natural feed additives manufacturer from Westerstede in Germany, was recently ranked among the “Top 100” most innovative companies of the German mid-sized sector in 2015.
This award was presented at the German Mittelstands-Summit (SME Summit) on June 26th in Essen, Germany. The jury, along with mentor Ranga Yogeshwar, honoured the entrepreneurial vision of the company, which was founded 16 years ago by Reiner Mecking.
Mecking realized already early on that natural oregano in the feed can reduce the use of antibiotics in livestock husbandry. When prepared and used accordingly, it improves the health and performance of many livestock species, and has positive effects on the farm profitability.
“We see this as confirmation," said Reiner Mecking. “Although farmers and feed manufacturers have already started rethinking a while ago, we are still a long way away from chemical-free schnitzel for everyone”.
As a participant in the competition that has been taking place annually for 22 years, Dostofarm was subject to a two-stage analysis, which was developed by the Chair for Entrepreneurship and Innovation of the Vienna University of Economics and Business. Based on more than 100 parameters in five categories, the scientists determined the innovative force of the company. The Fraunhofer Society for the Advancement of Applied Science was the project partner. More than 4,000 companies participated in this year’s competition. The winners are entitled to display the “Top 100” seal of approval as acknowledgement of their exceptional performance.
These companies have distinguished themselves in every regard: 71 national market leaders and even 31 world market leaders are on the list. According to the organizer, they have registered a total of 3,405 patents just in the past three years. Almost 41 percent of their sales were ultimately achieved with market innovations; the average of all SMEs in Germany is only 6.6 percent. Their success is not just a matter of chance: the top innovators invest on average 10.5 percent of their revenue (average: 1.5 percent) in research and development, and therefore initiate change in their respective sectors.